How Much Annual Salary Do You Need to Buy a Home in Your State?

It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out on top as most affordable, requiring […]

The COST of Your Next Home Will Be LESS Than Your Parents’

There is no doubt that the price of a home in most regions of the country is higher now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar […]

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

Interest rates hovered around 4% for the majority of 2017, which gave many buyers relief from rising home prices and helped with affordability. In the first quarter of 2018, rates have increased from 3.95% up to 4.45% and experts predict that rates will increase even more by the end of the year. The rate you […]

Buyer Demand Still Outpacing the Supply of Homes for Sale

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic […]

2018 Best Places to Live in America – How Does Your City Rank?

All the locations on Livability’s recent list of the Best Places to Live in the U.S. have one thing in common: that indescribable quality you find when you cross small-town charm with the amenities of a big city. At the heart of each of the locations that made the top 10—from Kansas State University in […]

Mortgage Rates on FIRE! Get Off the Fence or Get Burned.

Though we’re still well short of the double-digit interest rates of the 1980’s, mortgage interest rates are definitely on the way up! Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year. Many quickly […]